GST registration is mandatory for businesses with a turnover above INR 20 lakhs and for NRIs acquiring provisional registration. GST return filing requires registered taxpayers to submit four types of returns electronically, including GSTR 1, GSTR 2, and GSTR-3B. GST software supports compliance by managing tax-related features and integrating various operational facets into a single system.

2. GST Registration
 GST is the first step to be acquired by the taxpayer on GST
portal.
 GST Registration is mandatory for Business having
turnover above Rs. 20 Lakh and Rs. 10 Lakh in North
Eastern and Hilly States of India.
 GST Registration is also required to be obtained by Non
Residential Indian(NRI )mainly acquire provisional GST
Registration.
 GST Registration also has final procedure top be acquired
by NRI.

3. GST return filing
 GST Return filing is a mandatory GST Compliance needed
to be filed by every taxpayer registered under GST.
 Every GST payer need to file four GST return. GSTR 1,
GSTR 2 and GSTR-3B.
 Every return will be filed electronically and details of the
returns filed by the supplier of goods and services.
 There are many types GST return filing GSTR 1, GSTR 2 ,
GSTR 2A, GSTR 3, GSTR – 3B.

4. Types of GST Return Filing
 GSTR 1- Outward Supplies Monthly statement of Goods
and Services
 GSTR 2- Inward Supplies Monthly statement of Goods and
Services
 GSTR 3 - Monthly return for normal taxpayer
 GSTR 4 – Quarterly for normal taxpayer
 GSTR 5 - Monthly returns of Foreign Taxpayer or Non
residential taxpayer

5. Types of GST Return Filing
 GSTR 6- Monthly return for ISD(Input Service Provider)
 GSTR 7-Monthly return for authorities deducting tax at
source
 GSTR 8- Monthly return for authorities deducting tax at
source
 GSTR 9- Annual GST Return
 GSTR 10- Final GST return

6. GST Software
 GST Software is a system that has all the features to
manage GST Compliances.
 GST Software has been developed on the concept of
Employee Resource Planning.
 GST software is the form of software that integrates that
integrates all facets of an operation including product
planning, manufacturing, development, Marketing and
Sales in a single database, application and user interface.
 ERP is process management software that allows an
organization to use a system of integrated applications to
manage the business and automate many back office
functions related to technology, services and human
resources.

7. Features of GST Software
 Software with payroll related requirement
 Statistical features like orders, jobs, work in progress, other
task management software.
 Create and manage GST taxes (SGST, CGST & IGST).
 GST software to handle more than multiple Bank Account
 Software to handle foreign exchange.
 Generate Bank Reconciliation Statement (BRS) by importing
the bank transactions.
 Keep a record of inventory purchases and purchase orders
(PO).
 System to keep records of each business or various
departments under one business unit.

8. Features of GST Software
 GST software that provides you with an online platform for
different activities such as online payments, verifying records.
 Categorise the expenses into different categories.
 Generate GST invoices and should be able to customise the
look and feel according to the business.
 Generate Balance Sheet, Trial balance reports, and Profit and
Loss statements as for and when required.
 Categorize transactions according to projects.
 Support for multi-currency transactions.
 Access control for every team member.

9. GST Assessment
 Assessment means determination of tax liability under
GST Law.
 Taxpayer is required to provide a return under the GST
Act for a taxable period must make an assessment of the
tax payable for the period.
 GST has provisions for assessments such as Self
Assessment .

10. Types of GST Assessment
 Self – Assessment
 Provisional Assessment
 Scrutiny Assessment
 Best Judgment Assessment
 Summary Assessment

11. ASP and GSP Services
 GSP(GST Suvidha provider)is a unique concept introduced
by GSTN to cover over 10 million tax payers for smooth
functioning of huge tax base in India.
 Application Service Provider is a team within GSP IT
ecosystem which will focus on taking taxpayers’ raw data
on sales and purchases and converting it into the GST
returns.